§206E-156  Revenue bonds; investment ofproceeds, and redemption.  Subject to any agreement with the holders of itsrevenue bonds, the authority may:

(1)  Invest its moneys not required for immediate use,including proceeds from the sale of revenue bonds, in any investment inaccordance with procedures prescribed in a trust indenture; and

(2)  Purchase its revenue bonds out of any fund ormoney of the authority available therefor, and hold, cancel, or resell therevenue bonds. [L 1985, c 268, pt of §1]